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410 Colorado Ave 59,044 SF 100% Leased Office Building Laurel, MT 59044 $1,388,940 CAD ($23.52 CAD/SF)
INVESTMENT HIGHLIGHTS
- Ideal Multifamily Redevelopment Opportunity
EXECUTIVE SUMMARY
*PRICE REDUCED $995,000 ($16.85 PSF)
*2 Buildings Totaling 59,050 SF
*Previously Occupied by the Laurel Public Schools
*Main Building (Previously a School) is 50,454 SF
*Auditorium is 7,900 SF
*90,000 SF Lot
*Zoned Residential Multi-Family
*Built in 1910
*Ideal Multifamily Redevelopment Opportunity
410 Colorado Avenue is located in the heart of Laurel, MT and is the perfect multifamily or residential condo redevelopment project. Listed at $20 PSF, a buyer has the opportunity to purchase land and building “shell” for significantly less than what new construction costs today. The City of Laurel is rapidly growing and currently has a shortage of apartment rentals or condos.
*2 Buildings Totaling 59,050 SF
*Previously Occupied by the Laurel Public Schools
*Main Building (Previously a School) is 50,454 SF
*Auditorium is 7,900 SF
*90,000 SF Lot
*Zoned Residential Multi-Family
*Built in 1910
*Ideal Multifamily Redevelopment Opportunity
410 Colorado Avenue is located in the heart of Laurel, MT and is the perfect multifamily or residential condo redevelopment project. Listed at $20 PSF, a buyer has the opportunity to purchase land and building “shell” for significantly less than what new construction costs today. The City of Laurel is rapidly growing and currently has a shortage of apartment rentals or condos.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Building Size
59,044 SF
Building Class
C
Year Built
1910
Price
$1,388,940 CAD
Price Per SF
$23.52 CAD
Percent Leased
100%
Building Height
3 Stories
Typical Floor Size
19,681 SF
Building FAR
0.66
Lot Size
2.07 AC
Zoning
Residential Multi-Family
AMENITIES
- Reception
- Storage Space
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Laurel Public Schools
- Educational Services
- -
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| Laurel Public Schools | Educational Services | - | - | - |
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PROPERTY TAXES
| Parcel Number | 03-0821-09-4-22-01-0000 | Improvements Assessment | $6,514,190 CAD |
| Land Assessment | $781,873 CAD | Total Assessment | $7,296,063 CAD |
PROPERTY TAXES
Parcel Number
03-0821-09-4-22-01-0000
Land Assessment
$781,873 CAD
Improvements Assessment
$6,514,190 CAD
Total Assessment
$7,296,063 CAD
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410 Colorado Ave
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